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dc.contributor.authorBleaney, Michaelen
dc.contributor.authorSalazar Neaves, Abelardoen
dc.date.accessioned2011-06-08-
dc.date.accessioned2012-10-24T12:00:51Z-
dc.date.available2012-10-24T12:00:51Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/65434-
dc.description.abstractTechnical progress can be expected to reduce transport costs over time, yet most studies of bilateral trade based on the gravity model find distance effects to be increasing rather than decreasing. We investigate countries' openness to international trade (the ratio of exports plus imports to GDP). We find that trade decreases with geographical remoteness, land area, and lack of access to the sea, all of which are likely to be correlated with transport costs. In contrast to results obtained with log-linear models of bilateral trade, distance effects (remoteness and land area) have declined over time. Trade decreases with population density, and increases with improvements in the terms of trade, investment and a more liberal trade policy. Unlike in the case of bilateral trade, our results are robust to the transformation of the dependent variable.en
dc.language.isoengen
dc.publisher|aThe University of Nottingham, Centre for Research in Economic Development and International Trade (CREDIT) |cNottinghamen
dc.relation.ispartofseries|aCREDIT Research Paper |x11/02en
dc.subject.jelF1en
dc.subject.ddc330en
dc.subject.keywordtradeen
dc.subject.keywordopennessen
dc.subject.keyworddistanceen
dc.subject.stwAußenwirtschaften
dc.subject.stwTransportkostenen
dc.subject.stwEntfernungen
dc.subject.stwTechnischer Fortschritten
dc.subject.stwAußenhandelsliberalisierungen
dc.subject.stwGravitationsmodellen
dc.titleDeclining distance effects in international trade: Some country-level evidence-
dc.typeWorking Paperen
dc.identifier.ppn661659356en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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